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buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to begin to correct some of what you just said, but let me at least start with ronald ra reagan. >> tell me where i'm wrong. >> you're certainly wrong that he didn't campaign to cut 98% of the american people's taxes with the upper 2% paying. he won the election based on that explicit proposal. >> and the house from their election -- the house won their election to stop him. the house also won, lanny. >> 535 congressional districts, most of which have little opposition, exain capture be cao voting for president. >> they did not vote to give him a rubber stamp
buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to...
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president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually with president obama particularly on the notion of fairnesses. you know, you talk to economistses. should we really be raising taxes now? no. hour hour tax increases, we're going to lose the deductions -- >> probably shouldn't be cutting that much. the economy is like in a very weird state right now, kind of like i think the notion is to grow it now, you know? and, you know, this guy doesn't see that. he sees raising taxes not as an economic efficiency so to speak, but as you know, you don't get a lot of tax revenues out of that,
president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually...
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bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
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. >> that was secretary clinton speaking in prague today but keeping it vague as you saw shep as to what washington might do about it. >> this isn't the first time that the president and the secretary of state have drawn this red line. >> no, it's not. and critics of the obama administration warn that setting such a high bar to greater u.s. involvement in that conflict, namely the waging of chemical war by a nation against its own citizenry could be sending the assad regime the wrong message. >> it sort of suggests or implies that anything up to this red line we're not going to take action. and i think it will be disheartening for that reason to the syrian opposition because as we said, shep, 40,000 people have been killed and i think they will will look at this and say, well, you know, how many more people would need to be killed before the international community decides to take action putting aside the question of the chemical weapons. >> now, the fighting in syria has gotten so bad that the united nations announced today it is withdrawing all of its nonessential personnel. about 25 o
. >> that was secretary clinton speaking in prague today but keeping it vague as you saw shep as to what washington might do about it. >> this isn't the first time that the president and the secretary of state have drawn this red line. >> no, it's not. and critics of the obama administration warn that setting such a high bar to greater u.s. involvement in that conflict, namely the waging of chemical war by a nation against its own citizenry could be sending the assad regime...
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secretary of state hillary clinton saying today that future of syria can not possibly include bashar al-assad. >>> 2,000 people gathering at pearl harbor observing the 70th anniversary of attack. in december 7, 1941 a japanese attack killed thousands of americans, thrusting the united states into world war ii. a moment of silence was observed at 7.59 a.m., exactly when the bombing began. that is the news from fox. back to you, tracy. tracy: arthel, thank you very much. the federal government will still be spending trillions of dollars a year with basically no plan to pay for it, hello. rich edson in d.c. to talk about this. you know what? nothing is really going to change, is it? >> right now congress is just trying to figure out how to replace a trillion dollars in automatic spending cuts over the next decade. even with that nearly $100 forecast to grow over the next 10 years. mostly thanks to increases in health care spending on medicare and medicaid. the feds are expected to spend more than $3.5 this fiscal year. nearly 3.6 trillion in 2014. 4 trillion in 2016 and 5 trillion by 20
secretary of state hillary clinton saying today that future of syria can not possibly include bashar al-assad. >>> 2,000 people gathering at pearl harbor observing the 70th anniversary of attack. in december 7, 1941 a japanese attack killed thousands of americans, thrusting the united states into world war ii. a moment of silence was observed at 7.59 a.m., exactly when the bombing began. that is the news from fox. back to you, tracy. tracy: arthel, thank you very much. the federal...
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first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio and there is it chris christy might be one. in jeb bush. >> in fact there is it a deep bench i think on the republican side. there is it a lot of the people who would be possibly . who will want to come forward. it might be and it is possible 2016 will be a fracous on the republican side and a stately walking toward the coronation on the democraticic side. i say that within the context of knowing that four years of history can turn a number of things on their head. >> what about a third party candidate. earlier this year. 30 percent of people said they were republicans and demcreates and rest indepen
first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio...
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. >> reporter: secretary of state hillary clinton met with her russian counter part thursday to secure russia's support. >> the international community, specifically the russians are united on this issue. >> reporter: all sides hope the first side of diplomatic issue to end the syrian war. the syrian government has promised not to use any chemical weapons against the people there but the fear is that as assad starts to topple, as the fighting increases in the suburbs of damascus he may feel cornered and no telling what he might do. >> susan mcginnis in washington on a friday morning. thank you so much. in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something d
. >> reporter: secretary of state hillary clinton met with her russian counter part thursday to secure russia's support. >> the international community, specifically the russians are united on this issue. >> reporter: all sides hope the first side of diplomatic issue to end the syrian war. the syrian government has promised not to use any chemical weapons against the people there but the fear is that as assad starts to topple, as the fighting increases in the suburbs of...
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in past years, reagan and tip o'neill coming to a compromise, clinton, gingrich. i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how to get things done. tracy: like war of the roses. gerry seib, washington bureau chief of "the wall street journal." thank you, gerry. good stuff. >> thank you very much. ashley: coming up stunning new numbers where america's tax burden hits the hardest. liz macdonald will be here next with that story. tracy: ashley mentioned it earlier, drought conditions turning worse around the country. how will it impact your grocerisy bill if it isn't high enough? as we do every time this time of day see how oil is trading. up slightly. $88.91 a barrel. we'll be right back tracy: so president o
in past years, reagan and tip o'neill coming to a compromise, clinton, gingrich. i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how...
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you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
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the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they are not close to a deal? they aren't close to a deal? what is the deal? we don't know. when we get a deal, and they will, it will be because of something we don't see, not something we did see. ask any sports agent, many negotiations have turned on an offer no one saw coming, would knows that better than super agent, the man who represents nfl greats such as lawrence taylor and others. everyone has to come away feeling like they got something. >>guest: no question. no question. i don't think any negotiation or rarely does one side -- do they feel you got everything, no, but maybe 90 percent rule, you get 90 percent of
the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they...
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executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink is on the treasury secretary short list. you know, i think this is jack lew's to lose, so to speak. that's what people say on wall street. if he's well in the budget negotiations, meaning, you know, basically, jamming most of the president's proposals down the republicans' throat, looks
executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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clinton led a round of applause for rice who is considered to be a front-runner to be nominated as clinton's successor. a point later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president. i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill, tennessee republican senator bob corker spoke with rice wednesday and later warned the president that the job of secretary of state is held to a higher standard than that of other appointees. >>> last night on "hard ball," susan collins talked about her meeting with ambassador rice. she says why she is troubled about rice's comments on the attack on the u.s. mission in benghazi, libya. >> she says that she relied on information that was given to her but it's obvious that she chose to emphasize some aspects and down play others. and, frankly, i think the u.n. ambassador along with the secretary of state should be above politics and that she should have just said, no, i'm not going
clinton led a round of applause for rice who is considered to be a front-runner to be nominated as clinton's successor. a point later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president. i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill, tennessee republican senator bob corker spoke with rice wednesday...
WHUT (Howard University Television)
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speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will not use chemical weapons against its own people, calling an assertion to the contrary to a pretext for intervention. >timothy geithner is says the obama administration is prepared to see the u.s. go over the limit fiscal cliff rather than cave to republican demands for a continued tax break for the wealthiest americans. he made the statement in an interview with cnbc. >> i want to understand the administration's position on raising taxes for the wealthy, those making more than $250,000. if republicans and not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there is no r
speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will...
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. >>> at a university in dublin hillary clinton called for dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington the president took his plan out of town to northern virginia where he sat down with a middle class family to talk about the potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal cliff. the president sat down with a couple, a teacher, a man who works at an auto dealer
. >>> at a university in dublin hillary clinton called for dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington the president took his plan out of town to northern virginia where...
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clinton benefited when he came in. i do think if you look historically over time it is very hard to see any kind of causal relationship between economic growth and job production and lowering rates on investment income. as warren buffett says, if they're going to make a profit they're going to make a profit whether, even taxed at a higher rate. i personally like the simpson-bowles idea which is what reagan did in '86. take everybody's rate down, right? close the loophole for investment income. cut back on the mortgage interest deduction. cut other loopholes and get marginal rates to 28% for everybody. then you --. liz: if you could hold off the hound, the lobbyists. >> i understand that i think that is better. i think we do have, look, we have a lot of tax arbitrage by people trying to take advantage of this lower rate. a lot of income being recast, wage income being recast as capital gains income. a lot of derivatives constructed so people can get the lower rate. it adds complexity to the tax code. get rid of it. tax
clinton benefited when he came in. i do think if you look historically over time it is very hard to see any kind of causal relationship between economic growth and job production and lowering rates on investment income. as warren buffett says, if they're going to make a profit they're going to make a profit whether, even taxed at a higher rate. i personally like the simpson-bowles idea which is what reagan did in '86. take everybody's rate down, right? close the loophole for investment income....
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clinton's successor, a point clinton later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president, but i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill tennessee republican senator bob corker spoke with rice wednesday and later warned the president that the job of secretary of state is held at a higher standard than his other appointees. >>> elsewhere, later today, "time" magazine will release a provocative exclusive. the magazine calls egyptian president mohammed morsi the most important man in the middle east. president morsi tells "time" that although he's been in office only five months, he is promising a parliament and elections in the next coming two months. today, morsi faces unprecedented strikes by the courts as well as massive protests after he granted himself near absolute power while he prepares for a nationwide address stressing unity. >>> last night, new yorkers celebrated the lighting of the wo
clinton's successor, a point clinton later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president, but i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill tennessee republican senator bob corker spoke with rice wednesday and later warned the president that the job of secretary of state is held at a higher...
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police say they rammed the car beforezed the bomb hours clinton got to belfast. be attending the ireland the fund-raising dinner belfast later today. of her laste one foreign engagement as a member obama's capita. peopleain, four arrested. close eye on this story and any new developments we will pass along. >> in northwest washington floodingood program to cheer about morning, a possible plan to fix the problem. john gonzalez joins us from the with of neighborhood details. tell us about it. interestingly enough, we are getting some rain this morning, many of these residents fear so much. aboutew plan would cost $135 million, much more expensive than the original which would that be done in 13 years. this plan would partially be completed in 2014, which is hope for many of the live in this local neighborhood because of a series of bad floods. already low lying and also where major storm drains converge. bad floods in four months this year alone. idea is to convert a nearby filtration site into storage s dold 3 million gallons of a six-blockg with metro size of an
police say they rammed the car beforezed the bomb hours clinton got to belfast. be attending the ireland the fund-raising dinner belfast later today. of her laste one foreign engagement as a member obama's capita. peopleain, four arrested. close eye on this story and any new developments we will pass along. >> in northwest washington floodingood program to cheer about morning, a possible plan to fix the problem. john gonzalez joins us from the with of neighborhood details. tell us about...
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yesterday secretary of state hillary clinton repeated her warning that the u.s. is ready to take swift action. >> our concerns are that increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> u.s. officials stress the chemical bonds remain in storage depots and president assad has not issued any warning to use them. egypt is going into political turmoil after intense clashes on the doorstep of the presidential palace. it's the largest confrontation the country has seen since the revolution that overthrew mubarak. tens of thousands of supporters of president morsi remain divided. critics of morsi say he's attempting to establish a new dictatorship by rushing through a new constitution with an islamic agenda. >>> the loss of american jazz legend. you probably recognize his song you're hearing now. "take five" of dave brubeck. he died yesterday
yesterday secretary of state hillary clinton repeated her warning that the u.s. is ready to take swift action. >> our concerns are that increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> u.s. officials stress the chemical bonds remain in storage depots and...
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why doesn't president clinton get involved this is his job? >> that is a good insight it is sort of an outsourcing. when you run for the office if you don't want to be involved directly engaged in the big issue of our time, dwarfing all others is our unsustainable financial course that's what we need to deal work the american people need to be engaged in it and it is not happening. >> he wants the applause but won't do the heavy lifting the ugly stuff, putting people in a room. >> i think you are correct in that observation. we've not made progress. what we get is, hubris after this big election 2%, maybe, win they've got a lot of confidence and shoving the numbers further than a few months ago. i think it endangers our need to reach an accord so we can avoid some of the big tax increases of this fiscal cliff. keep our country on a sound path. >> greta: what do you think is going to happen? >> i don't know. i can't see it ending well for those of us who believe in a frugal government. focus on waste, fraud and abuse, the president during the c
why doesn't president clinton get involved this is his job? >> that is a good insight it is sort of an outsourcing. when you run for the office if you don't want to be involved directly engaged in the big issue of our time, dwarfing all others is our unsustainable financial course that's what we need to deal work the american people need to be engaged in it and it is not happening. >> he wants the applause but won't do the heavy lifting the ugly stuff, putting people in a room....
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when you say talk to going to the clinton rates. you're missing clinton tech boom. clinton levels of spending. when you take that into account it doesn't actually end up closing your gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because they don't want to acknowledge it exists. >> that is not it. >> my point being i don't want to only talk about simplifying when we're not actually closing the gap. i don't want to only talk about the fiscal cliff when nothing we're doing is coming close to deal with these issues. melissa: we talk about how hard it is to simplify the tax code. our guest before you guys said the same thing. it could be really simple. we could put out three rates for people with absolutely no deductions exceptions. if you're in this group you pay 35% or whatever. make up your number. >> right. melissa: if you'
when you say talk to going to the clinton rates. you're missing clinton tech boom. clinton levels of spending. when you take that into account it doesn't actually end up closing your gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because...
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hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some of the demonstrators are seen armed, and there's a portion of the video showing the attackers running into the compound. we will have much more on what they learned on capitol hill in benghazi in the next hour. growing privacy concer
hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence...
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secretary clinton says the russians have refused to give him asylum. other countries have offered but so far he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a mismatch. they had rifles against one of the largest armies in the region. syrian towns have been turned into rubble, and the rebels are in the suburbs of the capital damascus now. it is rare for reporters to reach the war zone, but elizabeth palmer managed to get to the dictatorship's main military hospital to look at the damage being inflicted on assad's army. >> reporter: the tishereen it hospital morgue in northern damascus now receives between 20 and 50 bodies every day. most of them are soldiers. though some civilians do end up here, too. the man in the coffin is adnan said a civil servant who was 30 years old. outside, his mother and brother have just learned that he was killed by a sniper on his way to work. in the hospital's intensive care unit the men can't speak, but their injurie
secretary clinton says the russians have refused to give him asylum. other countries have offered but so far he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a mismatch. they had rifles against one of the largest armies in the region. syrian towns have been turned into rubble, and the rebels are in the suburbs of the capital damascus now. it is rare for reporters to reach the war...
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secretary clinton and the russian foreign minister downplayed expectations of a breakthrough. the leaked intelligence reports of chemical agents being mixed for use by the assad regime come on the eve of a crucial meeting of the friends of syria in morocco. secretary of state clinton will be there and wants to unite international response as rebels push toward the capital. assad's fall is looking imminent. syrian officials accuse the west of looking for a pretext to intervene. no international flights have been allowed to land at damascus airport for a week. >>shepard: what is the pentagon doing? are they preparing for the possible of intervention? >>reporter: they are actively planning and expect substantial fighting. there is increasing evidence that some of the shoulder-fired missiles that the c.i.a. was trying to track down in libya, and f-16's may have migrated to syria bringing down a helicopter and fighter jet last week. reports that save gas has been loaded on to canisters, the united states set up a task force at a base north of jordan, in amman, that included 150 spe
secretary clinton and the russian foreign minister downplayed expectations of a breakthrough. the leaked intelligence reports of chemical agents being mixed for use by the assad regime come on the eve of a crucial meeting of the friends of syria in morocco. secretary of state clinton will be there and wants to unite international response as rebels push toward the capital. assad's fall is looking imminent. syrian officials accuse the west of looking for a pretext to intervene. no international...
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secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to reques a
secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not...
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Dec 4, 2012
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the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of work, we have incomes that have not grown but they have fallen. i would think growth is the priority. >>neil: is that going do mean more dividends next year to make up for the tax hit they will face? will they still cash out with the dividends? isn't that going do lead to a market tank? >>guest: one of the things, what we are seeing right now is the first evidence that companies' investors know the fiscal cliff is coming and when we get closer that is when the market will tank. >>neil: take your money and run. >>guest: for political pumps folks are willing to go over. that is dangerous much next year if we go o
the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of...
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plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the...
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Dec 3, 2012
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>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little
>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have...
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Dec 4, 2012
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is do what bill clinton did and reach across the table. >> susie: you know, bond the-- beyond the fiscal cliff and i know that say big issue hanging over the markets but there are also fundamentals going on as well. ot mixed reports on the economy. tom just talked about that weak data showing businesses contracting. and we're also getting warnings on weak corporate profits. so doesn't this give you pause about buying in this market right now? >> i think, i just got back from two weeks in europe speaking to portfolio managers in seven different countries. they are profoundly underinvestmented in the u.s. the endowment funds in this country are profoundly underinvested in u.s. equities. a lot of portfolio managers are hoping equities go down as measured by the s&p so their underperformance doesn't look as bad. if the market doesn't go down here i think they will be forced to chase not end of the year. >> susie: uh-huh. beyond stocks, give us your thoughts on bonds, on gold, and other commodities. >> i think gold is in a secular bull market. i think it's just been consolidating the big run
is do what bill clinton did and reach across the table. >> susie: you know, bond the-- beyond the fiscal cliff and i know that say big issue hanging over the markets but there are also fundamentals going on as well. ot mixed reports on the economy. tom just talked about that weak data showing businesses contracting. and we're also getting warnings on weak corporate profits. so doesn't this give you pause about buying in this market right now? >> i think, i just got back from two...
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. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen. well, we did intervene and all of these terrible things, the consequences have been huge as we sat by and watched these 40,000 people massacred. it was very clear that there is more al qaeda and jihadists in syria. some of the arms because we didn't supply it supplied from saudi arabia and qutar gone to saudi rab gnaw and jihadist. because we didn't establish a safe zone for them to organize and basically have a benghazi they have been disjointed and unable to coordinate together. this is a serious crisis and we have to be prepared to put american troops, not to fight, not to be on the ground to fight but perh
. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen....
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Dec 1, 2012
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but i always remind people, clinton had been governor. as governor, he had spent years negotiating with legislatures. so when we took control of the congress, we sort of got the dance. he and i spent i think 35 days face to face. it wasn't that my staff will meet with your staff and eventually, we will have a brief phone call. that's nonsense. you have to be in a room. have you to listen to each other. >> so, where's president obama today? well, he was not in washington. he was at a toy factory in pennsylvania. to many, he seems to be back on the campaign trail, campaigning for fiscal ideas. governor palin, speaker gingrich, who has battled with president clinton, said you have to sit down face to face. this is being outsourced. how should this be resolved? how woo do we get the parties to talk? >> speaker gingrich knew than as he does now, the house of representatives holds the purrs string, they can unfund many of the things that are a result of obama's failed socialist policies when it comes to our fiscal situation. peeker gingrich kno
but i always remind people, clinton had been governor. as governor, he had spent years negotiating with legislatures. so when we took control of the congress, we sort of got the dance. he and i spent i think 35 days face to face. it wasn't that my staff will meet with your staff and eventually, we will have a brief phone call. that's nonsense. you have to be in a room. have you to listen to each other. >> so, where's president obama today? well, he was not in washington. he was at a toy...
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a warning that secretary clinton repeated at nato again today. >> our concerns that are increasingly desperate assad regime might turn to chemical weapons. or might lose control of them to one of the many groups that are now operating within syria. >> reporter: now officials say they believe that those warnings did work so far. they are concerned, though, about the rising influential extremist groups. so the state department is preparing to decision nature one group because of the close ties to al-qaeda in iraq. still, secretary clinton announced they will take a big step, recognizing the main opposition group as the sole legitimate representative of the syrian people, even as they tighten the noose on assad. >>> andrea, thank you, while we wish we had better news to report, with that in mind, the situation in egypt, the violence, the president fleeing the palace looks very familiar. the president today tried to urge the egyptians to settle their differences peacefully. our chief correspondent richard engel saw it firsthand, standing by in cairo tonight, good evening, richard. >> rep
a warning that secretary clinton repeated at nato again today. >> our concerns that are increasingly desperate assad regime might turn to chemical weapons. or might lose control of them to one of the many groups that are now operating within syria. >> reporter: now officials say they believe that those warnings did work so far. they are concerned, though, about the rising influential extremist groups. so the state department is preparing to decision nature one group because of the...
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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Dec 6, 2012
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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Dec 7, 2012
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. >>> speaking on human rights at a university in dublin, secretary of state hillary clinton called for urgent dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post-revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington, the president took his plan out of town to northern virginia, where he sat down with a middle class family to talk about the potential impact they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for
. >>> speaking on human rights at a university in dublin, secretary of state hillary clinton called for urgent dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post-revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington, the president...
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clinton as i said before, the rates under clinton did not have a bad effect on the economy. i agree if you're going to raise things up to 70% or take $5,000 from a middle class family, yeah, that's too much. but the tax rates that bill clinton had were pretty good for america. we need to balance this budget. i am not opposed to more spending cuts. i am not. i am not opposed -- i'm against cutting medicare benefits but i'm in favor of payment reform, which we desperately need to do to control costs. so we can do this. but i don't see any particularly harm other than we are going to go into a recession if we go over the slope. >> if you don't think tax rates matter, why is it that over the last 30 years when ronald reagan became president tax rates all over the world have fallen? they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd jus
clinton as i said before, the rates under clinton did not have a bad effect on the economy. i agree if you're going to raise things up to 70% or take $5,000 from a middle class family, yeah, that's too much. but the tax rates that bill clinton had were pretty good for america. we need to balance this budget. i am not opposed to more spending cuts. i am not. i am not opposed -- i'm against cutting medicare benefits but i'm in favor of payment reform, which we desperately need to do to control...
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Nov 30, 2012
11/12
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and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about adding new taxes on capital gains, dividends, et cetera. the push back is the president campaigned on this and he believes he won that argument, and he believes that once republicans give in on the tax argument, at least extend the bush rates for the middle class, as the president says, 98 percent, basically, he will talk about spending cuts and i think that is the other frustration republicans have, they think if they give in on taxes, now, with a promise of spending cuts later, those cuts will never materialize. >>neil: do folks at white house think there will be a deal by the end of the year? >>reporter: they honestly don't know but i think when you talk to them at the highest levels, they thing it is more likely than not because they think that the republicans will not risk this in continues of going off the cliff and making the economy worse, all of that and as you her nancy pelosi say today in her words, elections have
and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about adding new taxes on capital gains, dividends, et cetera. the push back is the president campaigned on this and he believes he won that argument, and he believes that once republicans give in on the tax argument, at least extend the bush rates for the middle class, as the president says, 98 percent, basically, he will talk about...